Tax Prep Checklist

Tax Prep Checklist

Tax Prep Checklist We’ve put together this Tax Prep Checklist to help you be ready and well organized before you start preparing your taxes for filing. Whether you see a tax professional or prepare your taxes on your own, this checklist will help get the documents and forms ready to get started.Personal infoCopy of Driver…

COVID19 Stimulus FAQ

COVID19 Stimulus FAQ

COVID19 Stimulus Package FAQ President Donald Trump signed a $2.2trillion economic stimulus package into law Friday, after abipartisan action by Congress to support businesses, health care providers andstruggling families during the coronavirus epidemic. The President thanked members ofcongress for reaching an agreement. “This will deliver urgently needed relief,”said Trump as he signed the bill in…

Getting Through Harsh Times

Getting Through Harsh Times

Getting Through Harsh Times Our country is going through an unprecedented health, social and econimic crisis. The scope of the problem extends beyond our borders to the rest of the entire world. People´s life have been affected in every aspect, and the end to the crisis doesn´t seen to be any where near. In times…

Home Office Expense

Home Office Expense

Home Office Expenses If you work for yourself and have a home office, you may be able to deduct part of your mortgage or rent and other home costs. But not every home office qualifies for this deduction. Home Office Deduction Checklist These are the criteria you must meet in order to be entitled to…

What’s Taxable

What’s Taxable

How to Know What’s Taxable Most people are familiar with income taxes, since we’re all required to file tax returns every year. However, that’s just part of the of a bigger picture. Certain taxes are automatically deducted from your wages when you get paid or when you buy something either in store or online. Some…

EIC & ACTC Refund Timing

EIC & ACTC Refund Timing

When will I get my refund? We’re getting this question every single day. People want to know when they will receive their refund, the minute they file their taxes. It’s a fair question, none the less. Here you will find everything you need to know about refund timing for 2020. How long should you wait?…

TCJA changes for 2019

TCJA changes for 2019

What’s new in 2019 for the Tax Cuts and Jobs Act In 2017 the Tax Cuts and Jobs Act (TCJA) was enacted, producing the biggest tax law changes in the last 30 years. For taxpayers preparing their 2019 tax return, it will help understanding the changes from the Tax Cuts and Jobs Act. Tax rates…